514 Rosemont Ave., Los Angeles, CA 90026 - SR20149548 - iPro Real Estate
iPro Real Estate

iPro Real Estate

514 Rosemont Ave.
Los Angeles, CA 90026

Pending, Multi-Family/Income Sale

For Sale

$1,375,000 $229.43 per sqft

Free Professional CMA

Listing ID : SR20149548

  • Lot Size

    5,993 Sqft
  • Year

    1918

Description

WoW! Price Adjustment 9/24/20.!! Welcome to 514-518 Rosemont Ave 90026. First time on the market in over 55 years. This amazing California Craftsman Triplex is a light-fixer with some recent upgrades. Custom built front porch, ample parking and backyard offers a private haven setting with custom patio deck offering stunning views of Downtown LA. Private side entrance to access back units. Property is conveniently located in the thriving and trending Hills of Silver Lake/Echo Park in one of the most sought after and upcoming area of the City that's got a whole lot of charm and lots of hidden spots to explore. In walking distance to restaurants, cafs and shopping with easy access to public transportation, freeways allowing for a short commute to Downtown LA, Dodger Stadium, Echo Park Lake, Silver Lake Reservoir and Hollywood. Making it an immense opportunity for investors looking to buy and hold for rental income, developers looking to teardown and build (*currently zoned LARD2 and can possibly be re-zoned R3) or owner users looking to live in one unit and rent out the other two. Wow! Endless possibilities! Location Location Location. A must see! For more information please contact the listing agent.

Details

Type: Multi-Family/Income Sale 
Subdivision: 671 - Silver Lake 
County: Los Angeles 
Tax ID: 5402040010
Days on Market: 369 
Laundry: In Laundry Room 
Number of Buildings: 2 
Number of Units: 3 
Property Type: Commercial Sale 
Roof: 13, Shingle 
Sub Type: Triplex 
View: City Lights, 30 
Water: District - Public 

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Interactive

34.07325 -118.268623 $1,375,000 SR20149548
514 Rosemont Ave., Los Angeles, CA 90026
Directions to here from:

Local Statistics

Area Information 90026

Population:

69,922 Up .01% since 2010
Average Income:
$66,526
Average Age:
34Years
Gender:
50.68%Male
49.32%Female
Households:
25,71528.34% with children
Average Value:
$1,190,313
Occupancy:
22.06%Owned
77.94%Rented
7.17%Vacant
Education:
15.67%High School
6.05%Associate
25%Bachelor
9.21%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
16.13Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $22,160
  • Improvements $34,956

  • Total $57,116

Property Tax

  • 2020 $1,076

History

Date Transaction Price Mortgage Amt & Lender
Date
Jan 13, 2021
Transaction
Sold - Residential Income (2-4 units)CNSR20149548
Price
$1,325,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Enrique Flores Jr. with Pink Tree Realty

Based on information from the MLSListings MLS) as of 8/1/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 8/1/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes